Yield Shares provides exposure to the long-term growth of your favourite companies while maximizing your portfolio’s yield.
Yield Shares by Purpose employ a covered call strategy to provide investors with attractive monthly yield and exposure to the long-term growth of some of the most prominent companies in the world.
US Yield Shares
US Yield Shares
Take a closer look at our yield ETF suite to learn more about each underlying stock and find the fitting complement to your portfolio.
*Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments, including those mentioned on this site. The respective fund’s disclosure documents contain important detailed information about that investment fund. Always read the fund’s disclosure documents before investing. As with any investment, there are risks to investing in investment funds. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
Whether looking to get exposure to and/or complement existing holdings, our product suite benefits investors seeking to:
Increase Monthly Yield
With its covered called strategy and moderate leverage, Yield Shares helps investors who are looking to maximize the monthly yield in their portfolio.
Avoid Currency Risk
All U.S. exposure is hedged back to the Canadian dollar, providing an effortless way for investors to purchase U.S. equity securities without the added foreign-exchange risk.
Maximize Tax Efficiency
The yield generated by Yield Shares is tax-efficient in the form of capital gains, helping investors minimize the amount of income tax accrued.
Whether or not you already invest in the underlying stocks, Yield Shares can add additional benefits, complementing your overall portfolio.
Yield Shares
Benefits of owning:
Receive monthly income
Exposure to long-term growth potential of underlying stock
Tax-efficient yield
Currency hedged
Yield Shares
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Underlying Stock
Benefits of owning:
Monthly yield
Exposure to long-term growth potential of underlying stock
Tax-efficient yield
Currency hedged
Differentiated risk-return profile
Underlying Stock
Benefits of owning:
Exposure to long-term growth potential of underlying stock
Learn more in our video analysis.
Not sure what a covered call strategy is or how it works? Check out our guide below.
The Essential Guide to Covered Calls and Options
A covered call is a two-part strategy in which a stock is purchased and covered calls are sold. The strategy aims to generate income today and provide more certainty around a stock's future sale price. In our whitepaper, we discuss how covered calls work and their impact on a portfolio.
You've got questions and we've got answers.
* Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Fund distribution levels and frequencies are not guaranteed and may vary at the Purpose Investment’s sole discretion.
** The ‘distribution yield’ figure shows the annual yield an investor would receive if the most recent fund distribution stayed the same going forward for a period of 12 months. This figure represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as-of date. This figure is net of management fees and other fund expenses. Distributions may vary, subject to the Manager’s discretion.